New York Times (NYT) Revenue Down, Internet Weak

Print Email

May ad revenue for The New York Times Company (NYT) was off almost 13%. The company’s properties in Boston, including the Globe had a 17.7% advertising fall-off.

Internet revenue for the newspapers grew slower than the industry, increasing. 14.2%

Ad sales at the company’s About.com online division was up 13.7%.

Online sales for the company are not running at a rate to come close to covering for falling print revenue

Douglas A. McIntyre

RSS Facebook Twitter